TGS Baltic has been recognized by the Legal 500 Global Green Guide

17.03.2022 TGS Baltic has been recognized by the Legal 500 Global Green Guide

TGS Baltic has been recognized among the best law firms in the world by The Legal 500's inaugural Green Guide for EMEA.

The guide provides a holistic view on firms' engagement in sustainability, including both work for clients as well as firms' own best practices and initiatives.

We are proud of our experts, who have been singled out by The Legal 500: partners Vilius Bernatonis, Dr. Paulius Zapolskis, Triin Kaurov, associate partner Rita Paukštė Triinu Järviste, senior associates Augustinas Razumas, Simas Paukštys, Vitali Šipilov.

For more information please see:

About the green guide:

The Legal 500's Global Green Guide is the first worldwide guide to the top law firms advising on issues around climate change, governance, and sustainability, with the editorial picking out the leading practices and individuals in each jurisdiction, recognising a firm's contribution to 'Green Change' and ESG.  The guide sees The Legal 500 go around the world and put a global perspective on law firms that are key players in this field, i.e. firms that are in one way or another contributing to a “green transition."

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TGS Baltic has in-depth expertise across multiple sectors and matters directly or indirectly addressing the challenges of climate change and sustainability. It is worth noting that TGS Baltic has industry groups and besides certain practice areas, such as M&A, dispute resolution, EU and competition, etc., every team member specializes in particular industries, i.e. energy, transport, finance, manufacturing, etc. Such organization of work and investment in lawyers’ industry expertise pays off in the context of green transition and sustainability as our team is well equipped with understanding the business chains of industries, risks and has increased capability of spotting opportunities for client’s sustainable growth.

For the last decade dur team consulted a number of public institutions on essential national legal reforms and strategies related to reshaping central heating, energy sector, implementing energy efficiency, encouraging production of energy from renewable energy sources as well as reducing pollution in transport sector and major infrastructure projects. Recent projects are as following:

  • Assisting Litgrid, the Lithuanian power TSO, on implementation of EUR 1.7 billion electricity interconnections with Poland and Sweden;
  • Advising UAB Vilniaus kogeneracinė jėgainė in the state aid case initiated in the General Court of the European Union where the decision of the European Commission to approve state aid for construction of the cogeneration plant in Vilnius is being disputed;
  • Consulting Lithuanian Railways on Rail Baltica project implementation;
  • Electrification of the Latvian railway network;
  • Purchase of multiple unit trains and maintenance equipment by AS Pasažieru vilciens, etc.

Also, we are constantly increasing strength in social infrastructure and dealing with real estate projects which implement energy-effective buildings and sustainable urban planning e.g.:

  • Construction of the Latvian National Library;
  • Construction of the Ventspils Regional Music School with Function of a Concert Hall;
  • Development of a new campus of the University of Latvia;
  • Expansion of Pauls Stradiņš Clinical University Hospital;
  • Reconstruction, expansion, and long-term maintenance of Kaunas Distric Schools.

Furthermore, the team is well known for their experience in green project financing. We are long-term legal advisors to the European Investment Bank and assisted in projects related to renovation funding schemes, regulation of water and wastewater sector, loans for windfarm buying. In addition, we advised Auga Group on green bond issuing.